VIVIDHABSEVISAGAR POLYTEX LTDHighNegative
Announced Tue, 8 Sept, 2026 · 15:05 IST

Statutory Auditor Bhatter and Associates resigns mid-term

Auditor Resigned MidtermManagement Changes View source PDFExplain this filing

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Price reaction · full curve 14 horizons · vs prior close
+3.9%1-day move
₹0.51
prior close
₹0.52
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AI summary

Bhatter and Associates, Chartered Accountants (FRN 131411W), resigned as Statutory Auditor of Visagar Polytex Limited effective 07 September 2026. The firm cited pre-occupation with other professional assignments and consequent inability to devote sufficient time to the company's affairs. The resignation was disclosed to BSE and NSE by Managing Director Tilokchand Kothari under SEBI Listing Regulations.

Likely market impact

Mid-term auditor exit raises governance questions; company must appoint a new statutory auditor quickly to avoid audit and compliance gaps.